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Beaton, Kimberly; Cerra, Valerie; Hadzi-Vaskov, Metodij - 2021

This paper examines the impact of trade on employment, wages, and other outcomes across countries and explores the … firm-level dataset to examine the impact of import competition on employment, wages, and firm performance, as well as the … higher average wages; thus any relatively slower employment growth in this group of firms could lead to lower inequality …

Persistent link: https://www.econbiz.de/10012605685

The return of the policy that shall not be named : principles of industrial policy

Chérif, Réda; Hasanov, Fuad - 2019

Industrial policy is tainted with bad reputation among policymakers and academics and is often viewed as the road to perdition for developing economies. Yet the success of the Asian Miracles with industrial policy stands as an uncomfortable story that many ignore or claim it cannot be...

Persistent link: https://www.econbiz.de/10012010001

The leap of the tiger : how Malaysia can escape the middle-income trap

Chérif, Réda; Hasanov, Fuad - 2015

Only a few European economies and Korea and Taiwan Province of China reached high-income status during 1970-2010. Malaysia’s real income per capita increased to 26 percent of the U.S. level in 2010 from 20 percent in 1970. Despite relatively strong growth and a substantial improvement in...

Persistent link: https://www.econbiz.de/10011374753

The macroeconomic impact of social unrest

Hadzi-Vaskov, Metodij; Pienknagura, Samuel; Ricci, Luca … - 2021

This paper explores the macroeconomic impact of social unrest, using a novel index based on news reports. The findings are threefold. First, unrest has an adverse effect on economic activity, with GDP remaining on average 0.2 percentage points below the pre-shock baseline six quarters after a...

Persistent link: https://www.econbiz.de/10012613425

A TIP against the COVID-19 pandemic

Chérif, Réda; Hasanov, Fuad - 2020

A universal testing and isolation policy is the most viable way to vanquish a pandemic. Its implementation requires: (i) an epidemiological rather than clinical approach to testing, sacrificing accuracy for scalability, convenience and speed; and (ii) state intervention to ramp up production,...

Persistent link: https://www.econbiz.de/10012252486

Migration and remittances in Latin America and the Caribbean : engines of growth and macroeconomic stabilizers?

Beaton, Kimberly; Cerovic, Svetlana; Galdamez, Misael; … - 2017

Outward migration has been an important phenomenon for countries in Latin American and the Caribbean (LAC), particularly those in Central America and the Caribbean. This paper examines recent trends in outward migration from and remittances to LAC, as well as their costs and benefits. For the...

Persistent link: https://www.econbiz.de/10011704920

Assessing the macroeconomic impact of structural reforms in Chile

Hadzi-Vaskov, Metodij - 2018

business regulation and licensing, strengthening innovation and R and D capacity, improving labor market flexibility, and …

Persistent link: https://www.econbiz.de/10011978705

Knowledge spillovers from superstar tech-firms : the case of Nokia

Ali-Yrkkö, Jyrki; Chérif, Réda; Hasanov, Fuad; … - 2021

spillovers on firms is particularly strong in terms of employment and value added …

Persistent link: https://www.econbiz.de/10012796292

Fair and inclusive markets : why dynamism matters

Aghion, Philippe; Chérif, Réda; Hasanov, Fuad - 2021

inequality are characterized by dynamism-a drive toward sophisticated export industries, innovation, and creative destruction and …

Persistent link: https://www.econbiz.de/10012517949

Competition, innovation, and inclusive growth

Aghion, Philippe; Chérif, Réda; Hasanov, Fuad - 2021

We provide an overview of the theories and empricial evidence on the complex relationship among innovation, competition …, and inclusive growth. Competition and innovation-led growth are critical to drive productivity gains and support broad …-based growth. However, new technologies and trends in market concentration are stifling future innovation while contributing to the …

Persistent link: https://www.econbiz.de/10012518975